New Issue: Hong Kong sells HK$600 million 1.89% bonds due 2032 in reopening

By Susanna Moon

Chicago, Sept. 6 – Hong Kong Monetary Authority sold HK$600 million of 1.89% government bonds due March 2, 2032 in a reopening on Wednesday.

The average price accepted was 104.34 for yield of 1.561%, according to a term sheet.

The issuer received HK$2,039,000,000 of tender applications for a bid-to-cover ratio of 3.4, according to the term sheet.

Issuer:	Hong Kong
Issue:	Government bonds
Amount:	HK$600 million
Maturity:	March 2, 2032
Coupon:	1.89%
Average price:	104.34
Average yield:	1.561%
Auction date:	Sept. 6
Settlement date:	Sept. 7

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